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On ‘World Food Day’: Using Fintech to Support Smallholder Farmers and Feed the World
More smallholder farmers are using digital tools to access funds to improve their farms. But with a whopping US $200 billion gap in financing, many cannot access the financing they need to invest in things like seeds, fertilizers and irrigation technologies to increase production and improve their livelihoods. Mikael L. Clason Höök and Malia Bachesta of the RAF Learning Lab highlight several innovative fintech companies that are addressing barriers faced by smallholder farmers.
- Categories
- Agriculture, Finance, Technology
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Social media giant Tencent gets into old-school finance
CICC, once dubbed the Goldman Sachs of China after it brought some of the country’s largest state-run firms to market, has been reducing its dependence on volatile investment banking fees and expanding its business catering to rich individuals. It completed a $2.5 billion purchase of China Investment Securities Co this year, plunging into the retail investor market.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech
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Telcoin wants to bring cryptocoins to the ‘unbanked’
There were more than 900 cryptocurrencies floating around the planet midway through the year, with a jumble of serious and weird names (InsaneCoin. Cabbage. VGINA). And now here’s another one: Telcoin.
- Categories
- Finance, Technology
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GSMA launches industry guidelines on international remittances through mobile money
Because of its reach and growing use among underserved people, mobile money is uniquely positioned to transform formal remittance markets and to advance financial inclusion.
- Categories
- Finance
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A New Era of Farming: Unlocking Innovations for Smallholders Via Non-Traditional Finance
Non-Traditional Finance (NTF) may be critical to unlocking innovation processes among smallholder farmers, and could represent an untapped opportunity to enable them to break the cycle of poverty. But there's a lack of guidance on promising practices for the systemic application of NTF to support scaling of smallholder farmer innovations. That's why MEDA launched a call for proposals for NTF ideas, for which the deadline is Oct. 6.
- Categories
- Agriculture, Finance
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Mexico readies bill to regulate fast-growing fintech industry
The new measures will allow Mexico to join a small list of countries, including the United States and Britain, that have sought to regulate fintech firms.
- Categories
- Finance
- Region
- Latin America
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Can Google’s mobile wallet Tez revitalise India’s struggling digital payments industry?
As Google debuts its new mobile payments app for India, Mumbrella Asia editor Eleanor Dickinson looks at the implications for the country’s cash-based economy and whether marketers are ready for change
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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Unilever raises the bar on private sector leadership to achieve the SDGs through digital payments
In a significant step towards integrating social benefits into business strategy, the UN-based Better Than Cash Alliance announced its newest member: Unilever.
- Categories
- Finance
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